with the war in iraq over and the president winding down the war in afghanistan, the pentagon faces some deep budget cuts. defense secretary leon panetta has called the cuts potentially devastating. what do you think that means and what would likely get cut? >> everything is going to get cut. if there's no agreement made across the board cuts will be made. i think you're talking about $483 billion. that's a great deal of money. and it's going to be arbitrary and it's not for nothing that secretary panetta is running around with his hair on fire. this is a guy, by the way, who made his name cutting budgets. so he knows what he's talking about, but you can't cut across the board any budget, including but especially the defense budget, without having a really devastating impact on things like flight hours, am niths, training, all the things that we need to keep the army, air force, navy, and marine corps prepared and operating. that sufficient is going to get slush eed arbitrarily. that's what panetta is worried about, what i'm worried about, and that's why there's got to be some agreement